New - 7 days on Rocket
$9,441 Closing Credit¹
#SN25033118, Nicholas Jackson, Listing Office: Re/Max of Chico
#SN24237085·
Listing Office: Coldwell Banker C&C Properties·
Listing Agent: Eric Stofa·
Listing Office Phone: 530-228-9203
$899,000 List price
1122 W Sacramento Ave Chico, CA 95926
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 1122 W Sacramento Ave
Income-Producing 4-Unit Property Near CSU Chico Located in a prime, centrally situated neighborhood just minutes from CSU Chico, this fully leased, income-generating property offers a fantastic investment opportunity. The property consists of four well-maintained units, plus billboard income, including: Two Identical 2-Bedroom, 1-Bath Units: Built in 2022, these spacious, modern units feature open-concept living areas, sleek finishes, and contemporary design elements. Perfect for tenants seeking comfort and convenience, each unit offers two bedrooms, one bathroom, dishwasher, stacked laundry, covered front/rear patios and plenty of storage space. The Duplex, with Mirrored Studio Floor Plans: Full gut and remodeled in 2022. This charming duplex offers two studio units with identical layouts, each designed for efficiency and style. Ideal for students, professionals, or short-term rentals, these units feature modern amenities and easy-to-maintain living spaces. Billboard Lease Income: An additional source of revenue is provided by the on-site billboard lease, adding even more potential for passive income. With its desirable location near CSU Chico, shopping, and grocery stores, this property offers both a steady cash flow and long-term investment potential. Built in 2022 with modern highlights throughout, including stainless steel appliances, quartz countertops, and energy-efficient systems, this property is as stunning as it is functional. Don't miss out on this rare opportunity to own a versatile, high-demand rental property in a thriving area! Key Features: 4 units: 2 x 2-bed, 1-bath and 2 x mirrored studio floor plans. Billboard lease for additional income. Centrally located near CSU Chico, shopping, and dining. High rental demand area with solid cash flow potential. Perfect for investors or those seeking a property with multiple income streams.
Highlights
Home typeQuadruplex
HeatingDuctless
StatusActive
CoolingDuctless
Lot size0.21 Acres
Year built2022
ParkingGravel, On Site, Private
MLS #SN24237085
ViewNeighborhood
Summary
- MLS Number: SN24237085
- MLS Name: CRMLS
- Office Name: Coldwell Banker C&C Properties
- Office Phone: (530) 228-9203
- Listing Agent: Eric Stofa
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$899,000
1122 W Sacramento Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 25, 2022 | Home Sold | $265,000 |
| Jul 29, 2019 | Home Sold | $244,500 |
| Jun 30, 2017 | Home Sold | $200,000 |
| Jan 08, 2003 | Home Sold | $91,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $665,346 | $7,372 |
| 2023 | $612,300 | $6,841 |
| 2022 | $251,972 | $2,831 |
| 2021 | $247,032 | $2,778 |
| 2020 | $244,500 | $2,770 |
| 2019 | $208,080 | $2,320 |
| 2018 | $204,000 | $2,320 |
| 2017 | $164,711 | $1,891 |
History based on county public records data.
Nearby schools
7
Emma Wilson Elementary School
Public District KG-5
0.5 mi
•1530 W 8th Ave
4
Citrus Elementary School
Public District KG-5
0.7 mi
•1350 Citrus Ave
6
Rosedale Elementary School
Public District KG-5
0.7 mi
•100 Oak St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,276. The majority of Chico, CA residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
60%
<35k
23%
35k-100k
16%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
86%
Single, No Kids
5%
Single, with Kids
4%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
83%
18-34 yrs old
8%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Major League Soccer (MLS)
Soccer
Where do the neighbors shop?
Express/Express For Men
Banana Republic
Forever 21
Where do the neighbors go to eat?
Starbucks
Sonic
Dominos Pizza
What do the neighbors drive?
Pontiac
Infiniti
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Talk/Personality
All data provided by Home Junction and Claritas
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This home is located at 1122 W Sacramento Ave in Chico, CA and zip code 95926. Features: 0 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $899,000.
Over 19 listings were sold over their listed price in January 2025 in Chico, CA. In the same period over 15 listings were sold below the listed price and 12 listings were sold for the listed price. Between December and January 2025, Chico, CA real estate market has seen increase in the number of listings by 1%. In January 2025 median list price was $470,030 and the average listing age was 50 days.
From Rocket Homes Real Estate and based on county public records data.